tomo logo

$327,000

Beds
2
Baths
1.5
sq ft
972

22864 Alder Ln, Crestline, CA 92325

22864 Alder Ln

Crestline, CA 92325

  • 78 days on market
    • Price drop $8,000↓
RARE OPPORTUNITY to assume a 2.49% interest VA loan on this delightful mountain cabin. Nestled in the woods on a coveted corner lot, this mountain retreat offers ample parking at the front and side, with the potential for an ADU addition or expansion. Step inside and gather around the warmth of the fireplace in the family room or venture out to the spacious deck and soak in the natural beauty of the mountains. The kitchen and dining area feature a split AC system to stay cool in the summer season as well as plenty of cabinets for storage. The versatile upstairs loft is great for guests or a second bedroom. Below the main floor, a spacious workshop area and separate storage offer practical space for your projects and belongings. Don't miss the chance to step back in time to 2021 and secure this fantastic cabin at a record low interest rate!

Details

Property type

Single Family Residence

Est. home value

$324,217

Lot size

5,000 sq ft

Price per sq ft

$337

Year built

1940

Price History

08/29/2024
CRMLS

CRMLS #IV24137317

Price change
$327,000
-2.39%
07/04/2024
CRMLS

CRMLS #IV24137317

Listed
$335,000
+13.56%
12/28/2021
CRMLS

CRMLS #EV21196056

Sold
$295,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Fishing

High school district: 

Rim of the World

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$12,983
Asking price
$327,000
Closing costs (~8% of asking)
-$26,160
Est. remaining loan balance
-$287,857
Cash to seller
$12,983

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

December 2021

Original loan amount

$305,620

Est. remaining balance

$287,857

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Lowell P Franck and Kathleen M Franck

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
CRMLS
$370,000
2 bd
|
2 ba
|
1,036 sq ft
|
House

23884 Bowl Rd, Crestline, CA 92325

CRMLS
$334,950
2 bd
|
1.5 ba
|
835 sq ft
|
House

23697 Hillside Dr, Crestline, CA 92325

CRMLS
$349,888
2 bd
|
1.5 ba
|
886 sq ft
|
House

319 Dorn Dr, Crestline, CA 92325

Status: Active

Tomo last checked: 09/20/2024 at 1:20 AM

Listing updated: 08/29/2024 at 2:01 PM

Listed by: TONGTONG JIN, REALTY MASTERS & ASSOCIATES Phone #: (951) 268-5580

MLS: CRMLS #IV24137317

CRMLS logo

Recently listed in Crestline

$199,900|3 bd|2.0 ba|Manufactured
$399,000|1 bd|1.5 ba|House
$399,000|3 bd|1.75 ba|House
$649,900|4 bd|2.5 ba|House
$649,900|3 bd|3.5 ba|House
$587,450|3 bd|1.75 ba|House
$430,000|2 bd|2.0 ba|House
$349,900|1 bd|1.75 ba|House
$375,000|4 bd|2.0 ba|House
$329,000|3 bd|1.0 ba|House